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- 1. Amortized loan means ______________
A.Loan with scheduled periodic payments of both principal and interest
B.Government finance the banks to refinance the local money lenders
C.Giving huge loans to customers by taking the security
D.Loan given by RBI
Answer & Explanation
Answer: Option A 
Loan with scheduled periodic payments of both principal and interest
View Answer
- 2. Ballon Loan means ?
A.A loan offered at highest rate of interest for consumer loans
B.A loan which does not fully amortize over its term
C.Loan offered to joint borrowers only
D.Loan offered to the Large scale industries
Answer & Explanation
Answer: Option B
A loan which does not fully amortize over its term
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- 3. In the first half of 2013-14 the bank loans grow by what percent ?
A.10.1%
B.8.1%
C.6.9%
D.15.01%
Answer & Explanation
Answer: Option A
10.1%
View Answer
- 4. On 28th October 2013, which scheme was launched in Dubai to provide pension and life insurance benefits to overseas workers ?
A.Mahatma Gandhi Videshi Samrakshana Youjana
B.Mahatma Gandhi Pravasi Suraksha Yojana
C.Indira Gandhi Pravasi Suraksha Yojana
D.Pradhanmanthri Pravasi Suraksha Yojana
Answer & Explanation
Answer: Option B
Mahatma Gandhi Pravasi Suraksha Yojana
View Answer
- 5. World Standards Day is observed on ?
A.14th September
B.14th October
C.14th November
D.14th January
Answer & Explanation
Answer: Option B
14th October
View Answer
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To whom this IBPS PO Clerks Set 21 Questions and Answers section is beneficial?
Students can learn and improve on their skillset for using Verbal Ability effectively and can also prepare for competitive examinations like...
- All I.B.P.S and Public Sector Bank Competitive Exam
- Common Aptitude Test (CAT) Exams
- UPSC Paper-II or CSAT Exams
- SSC Competitive Exams
- Defence Competitive Exams
- L.I.C / G.I.C AO and Clerk Competitive Exams
- Railway Competitive Exam
- University Grants Commission (UGC)
- Career Aptitude Test (IT Companies) and etc.
